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He ran Gabon’s oil for 13 years, built a near-billion-dollar private energy empire from Geneva and has spent a decade trying to build Benin a trade corridor to the Sahel. This week, the first trains of that dream finally moved.
He built Capitec for the customers South Africa’s banks ignored — and rode it to a $3.8 billion fortune as the lender became Africa’s most valuable bank.
Africa’s second-richest man controls Cartier, a healthcare empire and a web of listed holdings — quietly, from Stellenbosch. As Remgro seizes full control of Mediclinic, a full read of the Rupert fortune.
From a frozen-fish stall in a Yaoundé market, Sylvestre Ngouchinghe built a company that controls how much of a nation eats fish. The infrastructure bet behind a $280 million empire.
He was nearly Africa’s richest man — then Steinhoff’s accounting fraud erased billions in days. The methodical rebuild of a retail legend through Shoprite, Brait and Invicta, and an honest read of the fortune.
Angola prepares to sell shares in Unitel — the telecom empire it seized from Isabel dos Santos. Robert Gumede wants to turn Tongaat's sugarcane into power and fuel.
Niger State handed Raj Gupta's African Industries 500 hectares to build what it calls sub-Saharan Africa's largest solar-powered steel plant.
Pick n Pay has sold down more of Boxer for R4.7 billion, funding a slow turnaround that cost the Ackerman family control of the retailer.
Kazakhstan's ambassador has met Rita Zniber, head of Morocco's Diana Holding, to discuss supplying grain and oils and joint investments.
Tony Elumelu will step down as UBA Group chairman on August 21 after 12 years, with veteran banker Emmanuel Nnorom named as his successor.
Unitel, the Angolan telecoms giant once part-owned by Isabel dos Santos, will start an IPO roadshow next week ahead of listing a 15% stake.
The billionaire told Semafor he will turn Tongaat Hulett's sugarcane into electricity, ethanol and gases to save the rescued South African producer.
Femi Otedola's memoir Making It Big was named first runner-up at the 2026 BCA African Business Book of the Year, awarded in London.
Beninese tycoon Samuel Dossou-Aworet's Petrolin Group has begun operations at its Parakou dry port, shipping first cotton after years of delay.
South Africa rejects a wealth tax in a win for its billionaire class. Johann Rupert's Richemont parts with a 196-year-old watchmaker.
Shares of Axsome Therapeutics have doubled in nine months, pushing the net worth of Haiti-born founder Herriot Tabuteau to $2.2 billion.